Buyback
Price sensitive
Disclosure regarding purchase of treasury shares
12/04/2023 - 05.41 PM
Milan, 4 December 2023 – In relation to the share buyback program announced on 8 November 2023 and launched on 9 November 2023, Industrie De Nora S.p.A. (“Industrie De Nora” or the “Company”), on the basis of the information provided by the intermediary engaged Goldman Sachs International, announces that, over the period from 27 November to 1 December 2023, n. 170,655 ordinary shares of Industrie De Nora (equal to 0.085% of the share capital) have been purchased, at the weighted average price of euro 14.3469 and total consideration equal to euro 2,448,364.
The following table provides a summary of the purchases on a daily basis, and attached is the breakdown of each transaction completed over the relevant period.
Date of the transaction | Number of shares purchased | Average price per share (€) | Purchase price (€) |
|---|---|---|---|
27/11/2023 | 34,616 | € 14.3195 | € 495,684 |
28/11/2023 | 34,594 | € 14.1918 | € 490,951 |
29/11/2023 | 31,800 | € 14.4178 | € 458,486 |
30/11/2023 | 34,545 | € 14.3933 | € 497,217 |
1/12/2023 | 35,100 | € 14.4167 | € 506,026 |
Total | 170,655 | € 14.3469 | € 2,448,364 |
Following the purchases as communicated above, and taking into account treasury shares already held, the Company owns n. 547,007 treasury shares, equal to 0.271% of the share capital.
De Nora
Industrie De Nora is an Italian multinational company listed on the Euronext Milan stock exchange specializing in electrochemistry, a leader in sustainable technologies, and plays a vital role in the industrial green hydrogen production chain. The company has a portfolio of products and systems to optimize the energy efficiency of critical industrial electrochemical processes and a range of products and solutions for water treatment. Globally, Industrie De Nora is the world's largest supplier of electrodes for the major industrial electro-chemical processes (serving a broad portfolio of customers operating in the fields of chlorine and caustic soda production, components for electronics, and surface finishing). Industrie De Nora is among the world's leading suppliers of water filtration and disinfection technologies (for the industrial, municipal, swimming pool and marine sectors). Leveraging its well-established electrochemical knowledge and proven manufacturing capability, the Company has developed and qualified a portfolio of electrodes and components to produce hydrogen through the electrolysis of water, which is critical for the energy transition. In this sector, the company now holds 25.85% of thyssenkrupp nucera AG &Co. KGaA, a joint venture established with the thyssenkrupp group.
Founded in 1923, Industrie De Nora generated total revenues of around EUR 853 million and an Adjusted EBITDA of approximately EUR 191 million in 2022. The Company's growth process has developed organically through its continuous innovation as regards external lines through acquisitions in the U.S., Asia, and Europe. De Nora’s intellectual property portfolio currently includes more than 260 patent families with more than 2,800 territorial extensions.
The De Nora family owns 53.3% of the company’s share capital. Snam S.p.A. is a minority shareholder with about 21.6% of the capital.
Investor Relations
Chiara Locati
+39 02 2129 2124
ir@denora.com
Media Relations
Barabino & Partners
Office: +39 02 72.02.35.35
Sabrina Ragone – s.ragone@barabino.it +39 338 25 19 534
Elena Magni – e.magni@barabino.it + 39 348 478 7490
Via Leonardo Bistolfi, 35
20134 Milan Italy
+39 02 21291
industriedenora@denora.com
For the dissemination and storage of Regulated Information, Industrie De Nora S.p.A. has chosen to make use of the 1INFO system (www.1info.it), managed by Computershare S.p.A. having its registered office in Milan, via Lorenzo Mascheroni 19, and authorized by CONSOB.
Copyright © 2009/2026 Industrie De Nora S.p.A.
Share capital € 18.268.203,90 Fully paid up - Company registration number MI / VAT 03998870962 - REA number MI - 1717984